Wio Business Account Fees | Essential vs Grow Plans and Charges

Key Fact: Wio Business’s January 2026 fee schedule lists Essential at AED 99 per month and Grow at AED 249 per month. The schedule also details charges for transfers, cards, cash services, banking documents, financing and additional business services. Fees include 5% VAT where applicable.

What Are the Wio Business Essential and Grow Plan Fees?

Wio Business offers two subscription plans with different allowances for users, local outward transfers and salary payments. Both plans share several account services, while the monthly subscription and included features differ.

The following table summarises the main Wio Business banking fees for both plans.

The expired trade licence fee applies two months after the licence expires. Businesses should keep their trade licence details up to date to avoid this recurring charge.

What Are the Wio Business Cheque Book and Cheque Transaction Fees?

The first cheque book is free under both plans. Subsequent cheque books and certain cheque-related services carry separate charges.

These charges are the same for Essential and Grow. Companies that issue cheques regularly should account for the cost of additional cheque books and any applicable transaction fees.

How Much Does Wio Business Charge for Statements and Bank Letters?

Digital statements are free under both plans. Charges apply when a business requests paper statements, confirmation letters or attestation of bank-issued documents.

Businesses preparing audit files, financial reports, or documentation for third parties should check which documents they need before submitting a request. The schedule lists the same charges for Essential and Grow.

What Are the Wio Business Debit Card Fees?

Wio Business provides several debit card services without an issuance or annual fee. Additional charges apply to replacement cards, joint signatory cards and transactions originating outside the UAE.

The 2% international transaction fee applies to transactions originating outside the UAE, including transactions with online merchants. The schedule specifies that this applies to transactions in AED and other currencies.

For businesses paying overseas suppliers or using international online services, this charge is worth including in the monthly banking budget.

What Are the Wio Business Cash Deposit and ATM Charges?

Cash-related fees vary according to the transaction and ATM location. The charges below apply to both Essential and Grow.

Businesses that need to access cash should consider the location of their usual ATM. Using FAB ATMs in the UAE avoids the listed withdrawal charge, while other ATM transactions may incur a fee.

What Are the Wio Business Local and International Transfer Fees?

Wio Business transfer charges depend on the direction of the transfer, the currency and the method used. Local inward transfers and foreign currency inward transfers are free under both plans.

The main difference is the cost of outgoing transfers. Essential includes the first 10 local outward transfers, after which each additional transfer costs AED 1.05. Grow includes local outward transfers without a per-transfer charge in the published schedule.

For foreign currency outward transfers through SWIFT, Grow costs AED 26.25 per transfer compared with AED 52.50 under Essential. Correspondent banking fees may apply separately.

What Are the Correspondent Banking Fees for SWIFT Transfers?

SWIFT transfers may involve correspondent banking fees in addition to Wio Business transfer charges. The applicable amount depends on the sender’s account currency and the payment currency.

The January 2026 schedule publishes the following correspondent banking fee table. The figures are shown in the currency of the sender’s account column.

The schedule also explains how charges are shared between the sender and the beneficiary.

• Pay all fees: The sender pays Wio’s charges and the applicable correspondent banking fees. The schedule recommends this option when the beneficiary needs to receive the full transfer amount
• Share fees: The sender pays Wio’s charges, while the beneficiary pays the applicable correspondent banking fees

Under the published rules for shared fees:

• USD, EUR, GBP, AUD and CAD transactions above 1,000 incur a correspondent banking fee of 25 in the respective currency
• Transactions below 1,000 in these currencies have no correspondent banking fee under this stated rule
• CHF transactions above 1,000 incur a CHF 10 correspondent banking fee, while transactions below 1,000 have no correspondent banking fee under this rule
• SAR transactions incur a correspondent banking fee of SAR 25

Other banks involved in the payment chain may impose additional charges. These fees are deducted from the transfer amount, so the beneficiary may receive the net amount after deductions. Businesses making overseas payments should review the fee option before confirming a transfer.

What Are the Wio Business Credit Card and Quick Cash Charges?

Credit-related services have separate interest rates and late payment fees. These costs apply independently of the monthly account subscription.

The stated annualised percentage rates help businesses compare the cost of using these credit facilities over time. Before using either facility, review the applicable terms and repayment requirements alongside the published charges.

What Are the Wio Business Loan and Line of Credit Fees?

Wio Business also lists fees and interest rates for business loans and its line of credit. These charges are separate from the Essential and Grow subscription fees.

The interest rate for a business loan is listed as a range. The actual rate applicable to a borrower should be checked against the offer and terms provided for that facility.

Companies comparing financing options should account for interest, processing charges and possible late payment fees. Consider these costs separately from routine account transactions.

What Are the Fees for Wio Business Invoicing and Salary Payments?

The in-app invoicing service is free under both plans. Salary payments through the Wage Protection System (WPS) have different monthly allowances.

Essential includes one WPS file per month, while Grow includes three. Each additional file costs AED 31.50 under either plan.

Companies processing payroll should estimate how many WPS files they expect to submit each month. This helps them account for additional charges when comparing the two subscriptions.

Which Wio Business Plan Is More Suitable for Your Company?

The right plan depends on how your company uses its account. Essential has a lower monthly subscription, while Grow includes more users, free local outward transfers and a larger WPS file allowance.

Consider the following points when comparing the plans:

• Choose Essential if your company needs a lower monthly subscription and expects modest local transfer activity
• Consider Grow if your team needs access for more users or regularly makes local outward transfers
• Compare your monthly payroll activity with the included WPS file allowance
• Include international transfer and correspondent banking charges in your budget if you regularly pay overseas suppliers
• Review document, cash withdrawal and financing costs according to the services your company expects to use

Both plans offer free account opening, no minimum average monthly balance requirement, free account closure and free multi-currency accounts. The published schedule lists the same charges for many other services, so the key differences are the subscription price and the included allowances.

FAQs

Does Wio Business charge an account opening fee?

No. Account opening is free under both Essential and Grow.

What are the Essential and Grow monthly subscription fees?

Essential costs AED 99 per month, while Grow costs AED 249 per month under the January 2026 fee schedule.

Is there a minimum monthly account balance?

No. The schedule lists no minimum average monthly account balance requirement for either plan.

How much does Wio charge for international transactions?

The international debit card transaction fee is 2% for transactions originating outside the UAE, including online merchant transactions in AED and other currencies.

Are local transfers free on both plans?

Local inward transfers are free under both plans. Essential includes the first 10 local outward transfers, then charges AED 1.05 per transfer. Grow lists local outward transfers as free.

How much does a SWIFT transfer cost?

A foreign currency outward transfer through SWIFT costs AED 52.50 under Essential and AED 26.25 under Grow. Correspondent banking fees may also apply.

What are the Wio Business debit card fees?

Primary debit card issuance, annual fees, virtual cards and secret PIN replacement are free. Card replacement costs AED 26.25, while a joint signatory debit card costs AED 49 per signatory.

Does Wio Business charge for salary payments through WPS?

Essential includes one WPS file per month, while Grow includes three. Each additional file costs AED 31.50.

What correspondent banking fees can apply to international transfers?

The fee depends on the sender’s account currency and the payment currency. Additional charges may apply under the published SWIFT fee rules, and other banks in the payment chain may also deduct fees.

Conclusion

Wio Business account fees vary by plan and transaction type. Essential costs AED 99 per month and suits businesses that need a lower subscription, while Grow costs AED 249 per month and includes more users, free local outward transfers and three monthly WPS files.

Before choosing a plan, review your expected transfer activity, card usage, cash requirements, documentation needs and financing costs. These expenses can affect your overall banking budget.

The figures in this guide reflect Wio Business’s January 2026 fee schedule, including 5% VAT where applicable. Partner with Arnifi for expert guidance on business banking, documentation and compliance to make your business setup journey simpler.

Reference

Wio Business Schedule of Fees, January 2026